Enforcement

Indonesia Targets Illegal Investment Managers, Fund Collectors

28/09/2017

Nearly 50 firms have been shut down this year for operating without a license, offering unreasonably generous repayment terms, returns.

Capital / Liquidity

State Media Details China’s Plans to Open up Capital Markets

28/09/2017

Global Times says domestic officials are increasingly frustrated by the slow pace of opening up and reform of capital markets.

Capital / Liquidity

Vietnam Raises Credit Growth Limits for Commercial Banks

28/09/2017

Vietnam’s central bank has extended credit growth limits for several commercial banks in a bid to support the country’s economic growth and amid massive demand.

Fintech / Regtech

Regulators Must Collectively Embrace 4th Industrial Revolution – ASIC

25/09/2017

Chairman Greg Medcraft expresses concern about regulatory fragmentation with increased use of technology, emergence of ICOs.

AML / KYC

Japan FSA to Trial Blockchain KYC

25/09/2017

Blockchain KYC will allow customers to open multiple accounts without having to go through individual onboarding procedures each time.

Enforcement

HK Regulator Seals 1st Conviction of Unlicensed Offshore Brokerage

25/09/2017

ETrade HK advertised its services for four years without a license; SFC says successful prosecution a 1st for the offence.

Capital / Liquidity

Philippine Central Bank Seeks to Capture Property Loan, Project Financing Risks

25/09/2017

Lenders face tighter loan, financing reporting requirements as central bank says it will target ‘areas which require supervisory action’.

Capital / Liquidity

India Interprets P2P Lenders as Non-bank Finance Companies

21/09/2017

Official central bank report issued last year had suggested P2P lending platforms meet $311,000 minimum capital and leverage ratio requirements.

Enforcement

New Zealand Raises the Bar for Bank Outsourcing

21/09/2017

Largest banks will be required to have measures in place to survive the failure of a key service provider, according to new outsourcing policy.